Paya Holdings Stock Price, News & Analysis

Paya has partnered with 1Retail to enhance the payment experience in Acumatica Cloud ERP. This integration allows the storage of card information for future transactions and supports EMV contactless payments. By ensuring PCI compliance, Paya’s solution streamlines checkout for businesses, particularly beneficial for multi-location retailers. This partnership aims to improve transaction reconciliation and reporting, enabling quicker bank deposits and enhancing operational efficiency. With over $40 billion processed annually, Paya continues to expand its footprint in the payment processing market.

Paya Holdings Inc. (NASDAQ: PAYA) reported strong financial results for Q3 2022, highlighting a 14.3% increase in payment volume to $12.6 billion and a 13.2% rise in total revenue to $71.4 million compared to Q3 2021. The Integrated Solutions segment rose 15.3% to $45.7 million, while Payment Services increased by 9.5% to $25.6 million. Gross profit was $32.7 million, with a margin of 45.8%. Net income improved to $1.3 million from a loss of $3.0 million a year earlier. The company expects 2022 total revenue between $280 million and $283 million.

Paya (NASDAQ: PAYA) has unveiled its upgraded UtilityConnect™ billing and payments platform, enhancing user engagement and payment experiences for governments and utilities. Key features include real-time notifications, multilingual support, account grouping for multi-property owners, and streamlined autopay enrollment. The new administrative capabilities allow utility managers to communicate effectively with citizens and generate custom reports. Paya, a leader in government payments, serves over 2,000 agencies with over $1 billion in transaction volume.

Paya Holdings Inc. (NASDAQ: PAYA) has announced a conference call scheduled for November 4, 2022, at 8:30 am ET, where CEO Jeff Hack and CFO Glenn Renzulli will discuss third-quarter 2022 financial results. The company is recognized for its integrated payment solutions, processing over $40 billion in annual payment volume. Paya supports more than 100,000 clients through over 2,000 distribution partners, focusing on high-growth sectors like healthcare and education. Investors can access the call via the Paya Investor Relations website and a replay will be available for one year.

Paya Holdings (NASDAQ: PAYA) reported a solid Q2 2022 performance, showcasing a 14.7% increase in payment volume to $12.3 billion and a 13.5% revenue rise to $72.5 million compared to Q2 2021. Integrated Solutions revenue surged 17.8% to $46.6 million, while Payment Services revenue grew 6.1% to $25.9 million. Notably, the company recorded net income of $1.7 million, a turnaround from a loss of $3.1 million year-over-year. With a GAAP Gross Profit of $34.1 million and an outlook projecting total revenue in the range of $279 - $283 million for 2022, Paya is poised for continued growth.

Paya Holdings (NASDAQ: PAYA) is set to release its second quarter 2022 financial results on August 5, 2022, at 8:30 am ET. CEO Jeff Hack and CFO Glenn Renzulli will host a conference call to discuss the results. Paya is a leading provider of integrated payments and commerce solutions, processing over $40 billion in annual payment volume. The company serves more than 100,000 customers through 2,000 distribution partners across various sectors including healthcare and education. Interested parties can listen to the webcast via Paya's Investor Relations webpage.

Paya (NASDAQ: PAYA) has partnered with Promise, a SaaS-based government payments company, to enhance payment flexibility for underserved communities. This collaboration aims to expand Paya's government payment capabilities, serving over 2,000 agencies and processing 8 million payments annually, generating over $1 billion in revenue. Paya's extensive expertise in government payments positions it to support Promise's mission of easing debt payment for citizens, especially in the wake of challenges posed by the COVID-19 pandemic.

Paya Holdings (NASDAQ: PAYA) announced the election of Debora Boyda to its board of directors on May 31, 2022. With 35 years of leadership experience, Boyda previously served as CEO of Isobar/Dentsu International and President at Razorfish/Publicis, where she was responsible for substantial revenue and profit growth. Boyda's extensive background in business transformation and strategic vision is expected to add significant value to Paya. The company processes over $40 billion annually in payments, positioning it as a leading provider of integrated payment solutions.